Italy Inflation Rate Up to 0.2%


Consumer prices in Italy are expected to rise 0.2 percent year-on-year in May of 2015, the first increase since November of 2014 and after four months of deflation.

Main upward pressures came from prices of food and non-alcoholic beverages (1 percent), restaurants and hotels (1.1 percent), health (0.3 percent) and recreation and culture (0.3 percent).

Cost of housing and utilities, transport and communication fell at a slower pace in May (-1.4 percent, -1.2 percent and -2.1 percent respectively from -1.5 percent, -2.7 percent and -2.2 percent respectively in April).

On a monthly basis, consumer prices went up 0.2 percent, the same as in April, mainly due to higher cost of non-regulated energy products (1.8 percent) and services related to recreation, including repair and personal care (0.5 percent).

The harmonized index rose by 0.2 percent compared to both the previous month and with May 2014 (from 0.4 percent and -0.1 percent respectively in April). 

Italy Inflation Rate Up to 0.2%


Istat | Joana Taborda | joana.taborda@tradingeconomics.com
5/29/2015 10:31:29 AM